Achhe din for home buyers! Rajya Sabha passes Real Estate Bill

DALAL STREET INVESTMENT JOURNAL | 11 March 2016 17:10 IST

In a big relief to all the home buyers around the country, Rajya Sabha finally gave its nod for the Real Estate Bill on Thursday evening. The bill seeks to regulate the sector by protecting consumer interests and bring transparency.

After the upper house nod, the Bill will go to the Lok Sabha and then for Presidential assent, before becoming a law, a process that's expected to be smooth, unlike other reforms that have got stuck in the Rajya Sabha. CLICK TO READ MORE